Floodwood, MN Real Estate
According to census data in the year 2000 there were 281 housing units in Floodwood.
This represents a 6.3% decline from 300 in 1990.
Of those housing units, none were located in either urbanized areas or urban clusters, and 281 were located in what is classified as a rural area.
Homeownership rate in Floodwood is about 72.3%.
Floodwood's vacancy rate, including seasonal lodging, is about 11.4%.
Average household size is 1.96 people.
The majority of houses, apartments or condos in Floodwood were built after 1964.
Statistics
Housing Size
| Housing Units by Size |
|---|
| Studio Type | 0% |
| One Bedroom | 23.50% |
| Two Bedrooms | 39.50% |
| Three Bedrooms | 29.90% |
| Four Bedrooms | 7.10% |
| Five Bedrooms or more | 0% |
Owned Homes, Apartments and Condos
| Average Household Size | 2.09 |
| Median year structure was built | 1952 |
| Median Value of occupied units | $39,300 |
| Median Price asked for vacant units | $32,500 |
Rented Homes, Apartments and Condos
| Average Household Size | 1.61 |
| Median year structure was built | 1974 |
| Median Monthly Rent asked for vacant units | $413 |
Owners Finance Status
| Housing Finance |
|---|
| Second Mortgage & Equity Loan | 0% |
| Second Mortgage | 0% |
| Home Equity Loan | 3% |
| Simple Mortgage | 48.10% |
| Debt Free | 48.90% |
| Median part of Monthly Household Income dedicated to covering home ownership costs | 17.6% |
